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$7,995,000

Beds
6
Baths
7.0
sq ft
6,398

18 Armada St, Hilton Head Island, SC 29928

18 Armada St

Hilton Head Island, SC 29928

  • 331 days on market
    • Price drop $254,995↓
Elegant & timeless oceanfront retreat w/distinctive architectural details throughout. Impressive entry w/soaring ceiling & welcoming verandas off first & second floors. Boasting 6 bdrms, 7 baths, gourmet kitchen w/top tier appliances, custom cabinets & countertops, stunning staircase, formal & casual dining areas, versatile living rooms, spacious primary & guest suites, multiple fireplaces, laundry on both floors & elevator. Expansive resort style outdoor living includes pool/spa, fully equipped outdoor kitchen, sundeck, plenty of space for sunbathing & lounging. 5 car garage & add'l storage under house complete this luxurious beach home.

Details

Property type

Single Family Residence

Est. home value

$5,438,301

Lot size

Unknown

Price per sq ft

$1,250

Year built

1995

Price History

02/01/2024
HiltonHeadI

HiltonHeadI #437864

Price change
$7,995,000
-3.09%
08/09/2023
HiltonHeadI

HiltonHeadI #437864

Listed
$8,249,995
+87.5%
07/27/2020
HiltonHeadI

HiltonHeadI #401587

Sold
$4,400,000

Schools & Community

Neighborhood: 

Palmetto Dunes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,530,349
Asking price
$7,995,000
Closing costs (~8% of asking)
-$639,600
Est. remaining loan balance
-$2,825,051
Cash to seller
$4,530,349

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Td Bank Na

Loan start date

July 2020

Original loan amount

$3,080,000

Est. remaining balance

$2,825,051

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Sol Adjustment Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
HiltonHeadI
$6,895,000
6 bd
|
6 ba
|
4,048 sq ft
|
House

9 Galleon, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/04/2024 at 11:25 PM

Listing updated: 06/29/2024 at 4:23 PM

Listed by: Sara Kurtz, The Alliance Group Realty Phone #: (843) 785-5200

MLS: HiltonHeadI #437864

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